Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

NYDA staff down tools over bonuses

Dec 08 2011 09:19 Sapa

Related Articles

Agency spent R106m on party

Youth agency gets a clean audit

The NYDA gravy train

SME game-changer

Youth agency boasts 15 000 jobs

NYDA: Strikes may lead to job losses

 

Johannesburg - A group of National Youth Development Agency (NYDA) members have gone on strike demanding higher bonuses, according to a report on Thursday.

The Times reported that 296 workers had been protesting since Monday after refusing to accept an 8.33% performance bonus.

Workers declared a dispute, saying it did not meet their usual double-digit allocation, the newspaper reported.

They approached the Commission for Conciliation, Mediation and Arbitration, which ruled that the agency should pay them a bonus of 18% by November 30. The payments were not made and workers downed tools.

The agency was established by President Jacob Zuma to tackle youth development.

NYDA chief financial officer Khatu Ramukumba told the publication the agency had not paid the 18% bonus by November 30 because its cash flow position was not healthy.

The agency would now start paying the bonuses because the presidency had transferred their quarterly funds into its account on Wednesday, he said.

 
nyda  |  wage disputes
NEXT ON FIN24X

 
 
Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...